The global benchmark has lost nearly $10 a barrel since hitting a high of $86.74 on October 3.

Around 11 a.m. front-month Brent crude oil was traded at $76.51 per barrel, or about 0.5 percent lower.

U.S. President Donald Trump withdrew Washington from the Iranian global nuclear agreement in May and vowed to re-impose sanctions on Iran's financial, automotive, aviation and metal sectors.

The Industrial Average of Dow Jones fell by about 250 points, along with Caterpillar & 3M by leading index lower & stoking concerns related to declining economic growth globally.

Economy Times reported that India's crude oil imports from Iran jumped 10.19 per cent to 1.73 million tonne in September this year, government data showed.

The West Texas Intermediate (WTI) for December delivery picked up 0.26 USA dollar to settle at 67.59 dollars a barrel on the New York Mercantile Exchange.

For the past decade, enough oil has flowed from America's shale boom to allay worries that demand for the world's most important commodity would outstrip supply.

Although President Trump has already proven unpredictable and erratic, Andrea Ghiselli, a project manager with ChinaMed consultancy and researcher at the School of International Relations and Public Affairs of Fudan University in Shanghai does not think the USA will hit Chinese banks involved in the purchase of Iranian oil. The US light crude was dropped by $3.03, by 4.4% at $66.33 per barrel, after hitting the lowest $65.74 from two months. The shift by Beijing, Iran's top customer, gives the US a building block in an economic barrier around Iran as it prepares to renew sanctions on the country's energy sector in early November.

Also lifting prices were comments by Saudi Arabia Energy Minister Khalid Al-Falih, who said there could be a need for intervention to reduce oil stockpiles after increases in recent months.

Meanwhile, U.S. production is soaring, boosted by technological advances that have enabled drillers to tap shale formations, with output this year forecast to overtake the previous annual record in 1970.

Despite the gain, oil is on track for the worst monthly performance since July 2016, as trade tensions stoke concerns about global energy demand.

Kardor said the Ministry of Petroleum and the National Iranian Oil Company (NIOC) are fully determined to supply Iranian oil in the Bourse based on schedule.

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Queen Maxima also debuted a dramatic crown all her own, the Stuart Tiara, which has captivated Dutch royal watchers. She also wore it in 1982 at a state banquet for Queen Beatrix of the Netherlands, staged at Hampton Court Palace.

After her Fox News contract expired Kelly went to NBC News and is reportedly paid approximately $20 million a year. Al Roker and Craig Melvin strongly criticized Kelly's comments during the 7 a.m. hour of " Today " on Wednesday.

He said: "They made the mistake when they killed Jamal Khashoggi in the consulate and they tried to cover up for it". Once close with the Saudi elites, Khashoggi fled the kingdom previous year in fear of possible prosecution.

Estimates vary significantly on the group's size, which has morphed as some migrants return home and newcomers join. Shocking images show Mexican police using plastic shields to block migrants travelling towards the U.S. border.

Tesla struggled to ramp up Model Three production as promised, plagued by factory issues and reports of unfit working conditions. Revenue more than doubled from previous year to $6.8 billion to easily top analyst estimates, just as the profit did.

Google Pixel 3 and the Pixel 3XL are the first ever smartphones by Google in the particular series to feature wireless charging . This is kind of a tasteless move from Google; neither Samsung (which pioneered fast wireless charging tech) nor Apple does this.

And while Bradley has only hit.185 this postseason, he has been one of the most clutch hitters in the Red Sox lineup. Against the AL champions at their chilly home park, though, that group went ice cold in Game 1.

The eight-year veteran has tallied 35 total tackles, three pass breakups and two interceptions in seven games this season. La Canfora also mentioned that they are looking to see if a cornerback will be available at the right price.

They are constantly transforming their companies, developing new business models and shifting rapidly into new sectors'. Rates will be higher; we expect the Federal Reserve to hike rates three times next year, so the risk premium is higher.

It's the first time Moscow directly accuses the United States of coordinating an attack on Russian assets in Syria. "Thirteen drones moved according to common combat battle deployment, operated by a single crew".

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